Top Posters
Since Sunday
s
5
g
5
K
5
o
5
g
5
o
4
k
4
s
4
I
4
k
4
j
4
o
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
KarenSmith KarenSmith
wrote...
Go to Answer
Posts: 530
Rep: 0 0
7 years ago
Future Value of 1
Periods   2%   4%   8%   12%
1   1.0200   1.0400   1.0800   1.1200
2   1.0404   1.0816   1.1664   1.2544
3   1.0612   1.1249   1.2597   1.4049
4   1.0824   1.1699   1.3605   1.5735
5   1.1041   1.2167   1.4693   1.7623
6   1.1262   1.2653   1.5869   1.9738
7   1.1487   1.3159   1.7138   2.2107
8   1.1717   1.3686   1.8509   2.4760
9   1.1951   1.4233   1.9990   2.7731
10   1.2190   1.4802   2.1589   3.1058

Future Value of an Annuity of 1
Periods   2%   4%   8%   12%
1   1.0000   1.0000   1.0000   1.0000
2   2.0200   2.0400   2.0800   2.1200
3   3.0604   3.1262   3.2464   3.3744
4   4.1216   4.2465   4.5061   4.7793
5   5.2040   5.4163   5.8666   6.3528
6   6.3081   6.6330   7.3359   8.1152
7   7.4343   7.8983   8.9228   10.8090
8   8.5830   9.2142   10.6366   12.2997
9   9.7546   10.5828   12.4876   14.7757
10   10.9497   12.0061   14.4866   17.5487

What amount of interest is earned on $5,000 at 8% interest compounded semi-annually for five years?
A) $1,095.00
B) $2,401.00
C) $2,346.50
D) $7,401.00
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
Author:
Read 79 times
2 Replies
Replies
Answer verified by a subject expert
hol23hol23
wrote...
#1
Posts: 373
Rep: 0 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

KarenSmith Author
wrote...
#2
7 years ago
Many thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  941 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 298
  
 2213
  
 272
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 820
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?